Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
Britain will host a global summit on artificial intelligence at the old home of Britain’s World War Two codebreakers in November as Prime Minister Rishi Sunak pitches Britain as ...
Britain’s economy is slowing and might be heading for a recession as it feels the impact of 14 back-to-back interest rate increases by the Bank of England to fight high ...
Boeing (BA.N) has recently identified a new 737 MAX quality problem involving supplier Spirit AeroSystems (SPR.N) that has resulted in improperly drilled holes on the aft pressure bulkhead, the ...
Welcome to the August Altcoin Edition, where we delve into the hype surrounding THORChain (RUNE), Pomerdoge (POMD), and Solana (SOL). In this edition, we’ll shine a spotlight on some ...
Leaders of the BRICS group of developing nations have invited Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates to join, in a move aimed at growing the ...
It’s hard to be bullish about real estate in an environment of sharply higher interest rates. Yet unloved property stocks in Europe staged a surprise rally this summer, suggesting ...
Europe’s recent foray into the realm of Bitcoin exchange-traded funds (ETFs) was met with mixed reactions, while the presale of Borroe ($ROE) tokens continues to sizzle with excitement. In ...
Euro zone business activity declined far more than thought in August with the slide in Germany particularly fast, while some inflationary pressures returned, surveys showed.
Wednesday’s purchasing managers’ indexes ...
Cyprus’ transportation and storage sector experienced a substantial growth of 17.3 per cent during the second quarter of 2023, compared to the same period last year, according to a report released this ...
The Association of Cyprus Tourist Enterprises (Stek) and the regional administration of the island of Crete this week announced that they are set to hold an initiative under the banner ...
Kohl’s Corp (KSS.N) beat estimates for quarterly profit on Wednesday, as leaner inventories, lower costs and fewer discounts helped the department store chain counter a broader retail slowdown.
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Cyprus’ energy sector is crucial for the country’s competitive edge and must adapt to renewable energy demands if it is overcome the major challenges it currently faces, Energy Minister ...
A Ural Airlines Airbus landed in the Russian city of Yekaterinburg on Nov. 14 last year. Then it remained grounded on the tarmac.
Three days later, a spare part crucial for ...
In the ever-evolving landscape of trading platforms, it becomes essential to choose a platform that best aligns with your trading needs and goals. With the emergence of new platforms and ...
Greek lender Eurobank on Wednesday announced that it has formally entered into a share purchase agreement with Poppy S.à r.l., outlining its intention to acquire an additional 17.3 per cent ...
FTX cryptocurrency exchange founder Sam Bankman-Fried is “subsisting on bread and water” because the federal jail where he is being held ahead of his fraud trial has not provided him ...
The long-running battle between Microsoft (MSFT.O) and Britain over the Activision Blizzard (ATVI.O) deal took another twist on Tuesday, raising more questions than answers about the country’s ...
Bullish investors are hoping Wednesday’s earnings report from chip heavyweight Nvidia (NVDA.O) can rejuvenate a US stocks rally that has stumbled in recent weeks.
Nvidia shares have tripled ...
Banks in Britain may be free to award even bigger bonuses from January but new pay perks are unlikely to help the country’s financial industry outshine its rivals because ...
Oil prices ticked up in Asian trade on Wednesday, as traders weighed weak demand indicators from top importer China and the prospect of further US rate hikes against potential supply ...
Russia’s invasion of Ukraine has left tens of thousands of dead, displaced millions and sown economic turmoil across the world in the 18 months since its launch on Feb. 24, 2022.
Here ...
The government is “seriously considering” levying a windfall gains tax on banks to offset the earnings they’re making due to the rise in interest rates, reports said on Tuesday.
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Britain’s data regulator on Tuesday said it would contact companies as part of a plan to combat “text pests” who illegally proposition customers using personal information provided in a ...
The cryptocurrency trading world has grown and evolved, captivating investors and enthusiasts. One platform, the TrustedAG, has been defining crypto trading in this changing context. The company’s forward-thinking strategy, ...